Bronstein, Gewirtz & Grossman LLC Files Class Action Against SES AI Alleging Securities Fraud

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โดย GlobeNewswire·Read original
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Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against SES AI Corporation and certain officers, alleging violations of federal securities laws. The suit covers investors who purchased or acquired SES AI securities between January 29, 2025 and March 4, 2026. The complaint claims the company overstated business prospects by misrepresenting deals with limited or non-operational entities, created an appearance of revenue through reciprocal purchases of Molecular Universe, and failed to disclose material logistics constraints in the fourth quarter of 2025 that would materially affect Q4 2025 revenues, ultimately calling into question 2026 growth prospects and leading to lower-than-expected 2026 revenue guidance. Investors have until June 26, 2026 to seek lead plaintiff appointment. The law firm represents investors on a contingency fee basis.

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Class action lawsuit alleging securities fraud, which typically leads to legal costs, reputational damage, and potential financial penalties.